Earnhardt Jr.'s 1st year with Hendrick ends on "disappointing" note

Autoracing Betting Lines

11/24/2008 - Philadelphia, PA (Sportsbook Betting Lines) - Even though Dale Earnhardt, Jr. made the field for the 2008 "Chase for the Sprint Cup" championship, his first year with Hendrick Motorsports did not live up to expectations.

After spending his first eight full years of NASCAR Cup competition at Dale Earnhardt Inc., Earnhardt, Jr. left the team his father started in 1996 to join the mighty organization of Hendrick as driver of the No.88 Chevrolet at the start of this season.

With a new team, car number and sponsors, the "Junior Nation" was revitalized.

Earnhardt, Jr.'s new ride also sparked a lot of hype in the pre-season.

In January, three-time Cup champion and Fox Sports analyst Darrell Waltrip predicted Earnhardt, Jr. would win six races, including the Daytona 500. Earnhardt, Jr.'s crew chief, Tony Eury, Jr., said he would be disappointed if his team didn't win at least four races this year.

Earnhardt, Jr. began the year by winning the Budweiser Shootout (pre-season, non-points race) at Daytona International Speedway and then a victory in the first Gatorade Duel at Daytona, giving him the third starting spot in the Daytona 500. He finished ninth in that race.

In June, Earnhardt, Jr. snapped a 71-race winless streak at Michigan, but it turned out to be his only points-paying victory of the year.

Two months later, he started the Chase in the fourth seed after recording 13 top-10 finishes during the 26-race "regular season."

While a consistent number of solid finishes put Earnhardt, Jr. into this year's Chase, a string of bad luck in the final 10 races led to a 12th-place finish in points.

"I'm disappointed," team owner Rick Hendrick said last week at a media luncheon at Lowe's Motor Speedway. "I felt we were so good early on, and we just had tremendous little gremlins bite us from tire problems to things you just can't control."

"I think when we look back on the year and we look back at what he's accomplished, how he's fit into our organization and how happy he and Tony (Eury Jr.) are, we're going to make it better for next year."

Earnhardt, Jr., voted NASCAR's "Most Popular Driver" the past five years, will not attend next week's awards banquet in New York City as only the top-10 finishers in the Chase are honored.

"I was super excited about the way the season was going to start," Earnhardt, Jr. said. "I couldn't wait to get to work earlier this year. It was a long year, and we worked really hard. It went good at sometimes, and it went poorly other times. For the most part, I was real proud of just getting the season in the bank and getting done and looking forward to next year. I am really happy to be with Rick (Hendrick) and working with the guys I am working with."

Earnhardt, Jr. enjoyed his best Cup season with DEI in 2004 when he won six races, including the Daytona 500, and finished fifth in points.

While Earnhardt, Jr.'s teammate, Jimmie Johnson, aims for a record fourth- straight series championship, Mark Martin joins the Hendrick stables, replacing Casey Mears in the No.5 car.

With the addition of Martin, Hendrick has created a mega team with any one of his four drivers a strong possibility to win next year's title. But Hendrick thinks Martin's presence will help improve his organization. How that will effect Earnhardt, Jr. remains to be seen.

Though expectations might have been in his first year with Hendrick, Earnhardt, Jr. hopes next year he can return to his winning ways and finally capture his first Cup championship, joining his legendary father who won a record-tying seven titles.

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Sportsbooks to bet on football

Recently I had an email debate with an angry reader who said I did not understand "the science of oddsmaking", as he called it.

He said I was wrong for suggesting oddsmakers care about who wins or loses games.

"Oddsmakers only care about splitting the betting public 50/50 on both sides of the line and keeping the commission (a.k.a. juice)," he wrote.

He might have been right about not understanding "the science of oddsmaking". After all, I'm not an oddsmaker. That said, I stick to my assertion that oddsmakers (a.k.a. sportbooks) often do care about who wins games.

Granted, as a general rule, sportsbooks try to balance their action so that they're not exposed to big losses. However, there are times when this is difficult to pull off, regardless of how much a line has moved. There are also times when that general rule is ignored and a book pursues risk.

Generally speaking, it's safe to say the books in Vegas are risk-adverse. Unlike in the past when the wise guys ruled the town, Vegas is now corporate and the goal of most casinos is to make as much money as possible with as little risk as possible.

Thus, Vegas sportsbooks try everything in their power to balance the action. They're satisfied simply collecting the juice. But these profits are small, especially compared to the take from other casino games, namely slot machines.

Because the profits at Vegas sportsbooks are so small, you could argue that many casinos operate sportsbooks simply as a novelty to keep the tourists happy.

With a growing aversion to risk, it should come as no surprise that Vegas bookmakers have been panicking this NFL season.

Despite huge pointspreads, a disproportionate percentage of bettors are still laying their money on favorites like the Eagles, Colts, Pats and Vikings rather than the dogs (a common trend for the largely recreational bettors that visit Vegas).

And much to the dismay of the books, those favorites are finding ways to cover the thick chalk. In fact, prior to Week 7, the four teams listed above are a combined 16-2-2 (88 percent) against the spread. (The tables turned dramatically in Week 7, but more on that later.)

The result has been an early-season beating for the books, and a bonanza for bettors.

While Vegas increasingly hates risk, it's no longer a major player in the sports betting world. Most of the betting action now takes place offshore where sportsbooks are not as obsessed about balance. In fact, some books encourage exposure to risk because the rewards can be so much bigger.

Consider MySportsbook.com. On its website, the book has odds pages which actually display the amount of action it's getting on games. In other words, you can see how much action the book is taking on both sides of a pointspread, moneyline or over/under.

One look at these numbers and it's obvious MySportsbook.com does not balance every game. In fact, far from it.

Take last weekend's matchup between St. Louis and Miami. By game time on Sunday, 83 percent of the betting action at MySportsbook.com was on the Rams; only 17 percent was on Miami.

What's interesting is that MySportsbook.com opened the pointspread with Miami at +6 1/2. By game time, the spread had lowered to +5.

That goes contrary to the balancing theory. If MySportsbook.com had wanted to balance the action, it would have given Miami more points; instead, it took away 1 1/2. World Series odds are now up as well.

MySportsbook.com exposed itself to even more to risk, and rolled the dice on the underdog Dolphins. Why? I contacted a representative with the book to find out. His answer was simple.

"The line moved early based on 'smart money' from sharp players," said Jeff Gilroy, a spokesperson for the book. "We also knew from early in the week that we would need Miami, therefore (we dropped) the spread to encourage Rams money.

"At the end of the day, we liked the home team."

So the conclusion is this: MySportsbook.com respected the sharp action, and gambled that the sharp bettors had a better take on the game than the recreational bettors, who were hammering the visiting Rams.

In the end, the gamble paid off. Miami, desperate for a win in front of its home fans, pounded the overrated Rams, who are terrible on the road and even worse on grass. Final score: 31-14 Fish.

MySportsbook.com was also heavily exposed on numerous favorites in Week 7, including Philadelphia, Seattle and Denver. All three failed to cover.

The fact that sportsbooks are exposed to risk on certain games is really nothing new. The fact, that Sportsbook.com is willing to show the public where it's exposed is intriguing.

Armed with this type of information, bettors can make more educated wagers. They can get an idea where the sharp money is going and conversely where the public money is headed.

MySportsbook.com is opening up its cashbox, letting bettors look inside and challenging them to take their best shot at grabbing the cash.

To visit this online football betting got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.